Posts
Posts
Dealer/GM NewsF&I ManagementFinance & Insurance NewsInventory ManagementPre-Owned Sales & Marketing StrategiesSales & MarketingSales ManagementSales Strategies
Addendum Window Stickers – Best Practices
Even after celebrating out tenth anniversary as a compliance consulting company, we continue to see new issues that surprise us. For example, one dealer gave the keys to a repo agent, who had what appeared to be a legitimate order from one of the cap
Dec 28, 2011
Why I Stayed Live Instead of Going .Com
When you read the forward from the book: “Marketing Used Cars” written by Paul G. Hoffman and James H. Greene, which is the article for this month, it will amaze you that absolutely nothing has changed in sound business principles in our
Dec 21, 2011
Posts
Dealer/GM NewsDigital DealerFinance & Insurance NewsInventory ManagementMarketing StrategiesPre-Owned Sales & Marketing StrategiesSales & Marketing
Three Key Prongs of a Provisioning Strategy for Used Vehicles
In my last column, I suggested that “provisioning” is a more apt description for determining the types of vehicles that are appropriate for a dealership’s inventory and marketplace. I like this term as a replacement for “stocking” because i
Dec 8, 2011
Posts
Dealer ManagementDealer/GM NewsDigital DealerFinance & Insurance NewsInventory ManagementLead Management & CRMPre-Owned Sales & Marketing StrategiesSales & MarketingSales ManagementSales Strategies
It’s 2012: Time to Introduce your Floor Managers to the Internet
I was training with a dealer group the other day, and during a break the Internet managers were jovially reminiscing about the days – way back in 2003 and 2004 – when dealers were still not sure they even needed a website. I was working for Deale
Dec 7, 2011
Posts
Dealer/GM NewsF&I ManagementFinance & Insurance NewsInventory ManagementPre-Owned Sales & Marketing Strategies
In-warranty Vehicles Drop; Retailers Must Woo Out-of-Warranty Customers to Cushion the Blow
It’s no secret in the auto industry that profits on new vehicle sales have been nonexistent the past several years. In fact, according to the National Automobile Dealers Association, automotive retailers have lost money on new vehicle sales for fiv
Nov 10, 2011
Posts
Dealer/GM NewsFinance & Insurance NewsInventory ManagementPre-Owned Sales & Marketing Strategies
The Value of Selling with a Story
The two biggest obstacles used car sales persons face now – and have for decades – are credibility and product knowledge. Outside of politicians there is probably no other profession with less credibility than the used car sales person. N
Nov 10, 2011
Posts
Dealer ManagementDealer/GM NewsDigital DealerExpense ManagementFinance & Insurance NewsInventory ManagementLead Management & CRMSales & Marketing
Inspect What you Expect (and Other Clichéd Lessons your Managers have Forgotten)
Last month I visited a dealer-client to conduct a full-day, deep-dive into their digital marketing and Internet sales processes. The store had been reporting erratic results (up a little one month, down a lot the next), which is usually indicative of
Oct 20, 2011
Posts
Dealer ManagementDealer/GM NewsDigital DealerFinance & Insurance NewsInventory ManagementPre-Owned Sales & Marketing StrategiesSales & Marketing
Helping Used Vehicle Managers Efficiently Find the ‘Right’ Vehicles
It’s no mystery why many dealerships can’t effectively move the sales needle in their used vehicle departments. The fact is, it’s harder than ever to find used units that are “right” for a store’s market area and profit goals, let alone f
Oct 19, 2011
Posts
Dealer/GM NewsDigital DealerFinance & Insurance NewsInventory ManagementPre-Owned Sales & Marketing Strategies
Can You Guarantee Great Photos?
I’ve been taking digital photos of cars and putting them on the web for more than 16 years. There are many ways to take a poor vehicle photo, but fewer ways to take a fantastic photo. Most of the photos I’ve taken have been acceptable, maybe
Oct 6, 2011